Recession News

Fewer Americans applied for jobless aid last week, as the number of people seeking benefits remained close to historic lows. The Labor Department says that weekly unemployment applications fell by 12,000 to a seasonally-adjusted 232,000.

A half-mile boulevard split by a simple flagstone path in a western Cuban city is part of a fragile experiment whose success or failure will help determine if the country is able to pull itself out of years of stagnation and brain drain

In a story Aug. 4 about the government's July jobs report, The Associated Press referred erroneously to Aaron Sojourner, an economist at the University of Minnesota, as Andrew Sojourner. A corrected version of the story is below: Jobless rate raises question: How much better can it get? Jobless